Company Registration No. 07231362 (England and Wales)
Tashi Lhendup Limited
Unaudited accounts
for the year ended 31 March 2025
Tashi Lhendup Limited
Unaudited accounts
Contents
Tashi Lhendup Limited
Company Information
for the year ended 31 March 2025
Director
Thinley Delma Rhodes
Company Number
07231362 (England and Wales)
Registered Office
C/O Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Tashi Lhendup Limited
Statement of financial position
as at 31 March 2025
Tangible assets
16,914
18,080
Cash at bank and in hand
44,820
49,224
Creditors: amounts falling due within one year
(324,919)
(288,636)
Net current assets
242,580
85,200
Total assets less current liabilities
259,494
103,280
Creditors: amounts falling due after more than one year
-
(10,232)
Provisions for liabilities
Deferred tax
(3,721)
(3,978)
Called up share capital
100
100
Profit and loss account
255,673
88,970
Shareholders' funds
255,773
89,070
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2025 and were signed on its behalf by
Thinley Delma Rhodes
Director
Company Registration No. 07231362
Tashi Lhendup Limited
Notes to the Accounts
for the year ended 31 March 2025
Tashi Lhendup Limited is a private company, limited by shares, registered in England and Wales, registration number 07231362. The registered office is C/O Solid Ltd, Eagle House, 163 City Road, London, EC1V 1NR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
Tashi Lhendup Limited
Notes to the Accounts
for the year ended 31 March 2025
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 year straight line
Fixtures & fittings
5 year straight line
Other tangible fixed assets
20 year straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
9,632
9,230
18,862
At 31 March 2025
9,962
9,230
19,192
At 1 April 2024
609
173
782
Charge for the year
1,034
462
1,496
At 31 March 2025
1,643
635
2,278
At 31 March 2025
8,319
8,595
16,914
At 31 March 2024
9,023
9,057
18,080
Amounts falling due within one year
Trade debtors
74,513
47,588
Accrued income and prepayments
99
88
Other debtors
347,457
207,976
Amounts falling due after more than one year
Other debtors
100,610
68,960
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,232
9,203
Trade creditors
150,038
201,475
Taxes and social security
106,505
45,375
Other creditors
7,947
7,266
Tashi Lhendup Limited
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan
207,976
161,500
22,019
347,457
207,976
161,500
22,019
347,457
The directors loan is interest free and repayable on demand
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).